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10 Common Myths About SOC 2 Audits Debunked
by Jerry Hughes on May 28, 2025 at 4:01 PM
SOC 2 audits play a pivotal role in helping businesses showcase their dedication to safeguarding data and building trust with customers, partners, and stakeholders. However, misconceptions about the process often give rise to confusion, unwarranted stress, and inefficiencies that can …
SOC 2 & Managed Security Services: A Perfect Partnership for SMBs
by Bernard Gallagher on April 25, 2025 at 10:30 AM
For small and medium-sized businesses (SMBs), navigating the complexities of cybersecurity and compliance can feel overwhelming. Limited resources, time constraints, and the ever-present threat of cyberattacks make it challenging to establish robust security measures while meeting ind …
Replacing the FFIEC CAT with NIST CSF 2.0
by Jerry Hughes on April 18, 2025 at 11:26 AM
After nearly a decade of use, the Federal Financial Institutions Examination Council (FFIEC) is officially retiring its Cybersecurity Assessment Tool (CAT) on August 31, 2025. Originally released in 2015, the CAT served as a foundational tool for financial institutions—especially bank …
Subcontractor Survival: Meeting Prime Contractor CMMC Requirements
by William DePalma on April 17, 2025 at 1:53 PM
The cybersecurity landscape for the defense industrial base (DIB) has shifted. With the Department of Defense’s (DoD) Cybersecurity Maturity Model Certification (CMMC) 2.0 moving swiftly toward full enforcement, subcontractors are finding themselves under growing pressure — not only f …
Selecting Your SOC 2 Type 2 Observation Period
by Bernard Gallagher on April 11, 2025 at 10:30 AM
Preparing for your first SOC 2 Type 2 audit—or planning your next—requires careful selection of a critical component: the observation period. This timeframe, also known as the monitoring period, audit period, or review window, defines when your organization's controls will be evaluate …
How Long Does a SOC 2 Audit Take to Complete?
by Bernard Gallagher on April 4, 2025 at 9:44 AM
At Compass, we frequently get asked, “How long does a SOC 2 audit take?” The answer depends on several factors—but having a clear understanding of the typical phases, timelines, and what influences the duration can help your organization prepare and plan accordingly.